LIMITED LIABILITY PRIVATE PRACTICE COMPANY (SELARL) and the GDPR

A Limited Liability Professional Practice Company (SELARL) is a legal form of company that allows independent professionals to carry out their activities jointly while limiting their financial liability to the contributions they have made to the company. More specifically, the SELARL is aimed at regulated liberal professions.
The liberal professions covered by the SELARL include lawyers, doctors, accountants, architects, notaries, surveyors, veterinarians, psychologists, pharmacists, dentists, physiotherapists, etc.

The SELARL allows liberal professionals to pool resources to carry out their activity, to share costs and risks, and to benefit from the protection of limited liability, while retaining a great deal of autonomy in the exercise of their profession.

The SELARL is a commercial company that can be created by one or more individuals or legal entities. The partners hold shares that represent their participation in the share capital of the SELARL. The management of the SELARL is ensured by one or more managers, who can be chosen from among the partners or from outside the company.
The SELARL has several advantages, including the possibility of limiting the financial liability of partners, the ease of transferring shares and the possibility of benefiting from an advantageous tax regime, particularly for liberal professions subject to income tax.
However, creating a SELARL requires drafting statutes, appointing one or more managers, and keeping accounts. It is therefore important to find out about the formalities to be completed and the legal obligations before creating a SELARL.

A Limited Liability Professional Practice Company (SELARL) may be required to process different types of personal data, in particular:

• Identification data: name, first name, address, telephone number, email address, etc.
• Personal characteristics data: age, gender, family situation, etc., of clients, third parties involved in a file or correspondents of the SELARL.
• Professional life data: profession, diplomas, professional experience, etc.
• Health data: if the SELARL carries out an activity related to health (medicine, physiotherapy, etc.), it may be required to process health data.
• Judicial data: criminal convictions, ongoing legal proceedings, etc. of clients, third parties involved in a case or correspondents of the SELARL.
• Financial data: if the SELARL has clients, it may be required to process financial data, such as bank account numbers, account statements, invoices, etc.
• The processing of this data is subject to the requirements of the GDPR (General Data Protection Regulation) which governs the collection, processing, storage and communication of personal data.

The SELARL must therefore respect the principles of transparency, limitation of purpose, minimization of data collected, security and confidentiality of data. It must also inform the persons concerned of their rights regarding the protection of personal data, such as the right of access, rectification, erasure and opposition.

In summary, the SELARL may be required to process different types of personal data depending on its professional activity, and must comply with the requirements of the GDPR regarding the protection of personal data.